What is Medicare?
Medicare is a federal health insurance program primarily for people age 65 and older, as well as certain younger people who meet specific eligibility requirements.
The main coverage paths
| Coverage type | What it generally does |
|---|---|
| Original Medicare | Includes Part A and Part B. |
| Medicare Advantage | A private-plan alternative for receiving Medicare-covered benefits. |
| Medicare Supplement | Helps pay certain costs not fully paid by Original Medicare. |
| Part D | Helps cover prescription drugs. |
Preparing to enroll
People approaching age 65 should review enrollment timing, current employer coverage, prescriptions, preferred doctors, and expected healthcare needs. Missing certain enrollment periods can have consequences, so individualized guidance can be helpful.
Frequently asked questions
When should I begin preparing for Medicare?
Many people begin learning about their options several months before turning 65.
What is the difference between Medicare Advantage and Medicare Supplement?
Medicare Advantage is another way to receive Medicare benefits through a private plan. Medicare Supplement works with Original Medicare to help pay certain remaining costs.
Can I change plans later?
Certain changes may be allowed during applicable enrollment periods. The rules depend on your situation.
Do all doctors accept every Medicare plan?
No. Provider participation and networks vary by plan.